Upload
khangminh22
View
1
Download
0
Embed Size (px)
Citation preview
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
The Future of Work
Matt Cooper // VP, Enterprise Services June 4, 2014
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 2
The world of work is changing
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
“66% of multinational companies say talent shortages are likely to affect their bottom line in the next 5 years”
–Economist Intelligence Unit
How we hire today is holding us back
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
50% of US workers will be independent by 20201
2005 2014 2020
(and more than 2 billion people globally have internet access)
1. MBO Partners
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
Classified Ads
Job Boards
The Online Workplace
Businesses who embrace the reinvention of work will be ahead of the competition
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 6
Talent is equally distributed – opportunity is not
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 7
Global marketplace for businesses and freelance talent
Registered clients & freelancers on both sites as of 3/31/14, not deduped;
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 8
A platform designed to manage remote, distributed teams
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 9
Rapid growth in expanding categories
Quarterly GSV
Category definitions directional: blend of odesk.com and elance.com definitions
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
Enterprise model: Private Talent Cloud
A private, vetted network of talent accessible on-
demand via a branded online
workplace
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 11
Rapid adoption within the enterprise
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. 12
Onsite Contingent
Megatrends point to a much larger addressable market
Source: Staffing Industry Analysts; Crain Communications, 2013
$2Tn Contingent Labor Market
$422Bn Staffing Market
$0.75BnElance-oDesk 2013 freelancer earnings
© 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute. © 2000-2014 Elance-oDesk, Inc. Elance-oDesk proprietary and confidential. Do Not Distribute.
Ecommerce is an enormous market, but it still only accounts for 6% of total retail. Work1 is an even bigger market. If a relatively conservative 2% of work moves online, this represents a potential $40B market.
1. “Work” market = The global contingent labor market size according to Staffing Industry Analysts
Imagine if 2% of work moved online